Berkadia Institutional Solutions, powered by Moran
Pete Evans is Senior Managing Director of Investment Sales at Berkadia’s Chicago office. Pete’s experience as a multifamily loan underwriter with Freddie Mac and as an appraiser brings additional depth in representing buyers and sellers in land joint ventures, pre-sales, equity placement and the purchase/sale of apartment communities. Evans boasts experience in selling apartments of all classes across multiple midwestern states, and his clients include family offices, individual investors, institutions, pension funds and other public entities. He often is involved in some of the largest and most complex transactions in the markets that he covers. Some of his notable recent assignments include Springs at Kenosha (+$100 million in 2021 – largest transaction in Wisconsin), Ascend at Heritage (+$50 million in 2021 – Des Moines), The Belden-Stratford (+$100 million in 2018 – downtown Chicago), and The Nic on Fifth (+$100 million in 2015 – downtown Minneapolis).
Prior to joining Berkadia, Pete Evans was the President and Managing Partner in Moran & Company’s Chicago office. He was responsible for managing marketing assignments and client relationships in the Midwestern United States. Prior to joining Moran & Company in 2006, Pete brought over fifteen years of experience in multifamily financing, underwriting and appraisal.
Pete has gained extensive production experience in senior housing, bond financing, lower floater, tax credit, FHA and low-income apartment transactions. Throughout his career, Evans has completed $9.5 billion in total sales, including $8.0 billion in investment sales transactions.
Education & Certifications
- Illinois Institution of Technology, M.S. Finance (1999)
- Western Illinois University, B.A. (1989)
Affiliations & Memberships
- Chairman – OTR, a not-for-profit providing barrier-free affordable housing